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Economy of Germany vs Lebanon compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.69T compared to $20.1B for Lebanon, ranking 3/197 and 128/197 by economy size, respectively.

Germany has $2.97T in government debt (63.5% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Germany vs Lebanon GDP by year

Germany
Lebanon
1x
Year GDP, current $
Germany Lebanon
2024 $4,685,592,577,805 -
2023 $4,562,207,532,490 $20,078,620,357
2022 $4,201,021,706,479 $20,992,421,949
2021 $4,355,251,953,411 $23,131,941,557
2020 $3,941,398,957,074 $31,712,128,254
2019 $3,959,894,794,039 $51,605,959,131
2018 $4,055,433,215,302 $54,901,519,156
2017 $3,765,351,626,106 $53,027,680,686
2016 $3,536,787,895,179 $51,147,308,774
2015 $3,425,099,578,746 $49,929,337,837
2014 $3,964,870,735,761 $48,095,213,747
2013 $3,807,023,797,051 $46,880,103,081
2012 $3,596,483,233,406 $44,016,799,516
2011 $3,823,575,803,794 $39,927,125,962
2010 $3,467,093,769,667 $38,443,907,042
2009 $3,478,545,516,684 $35,399,582,929
2008 $3,808,197,720,125 $29,118,916,105
2007 $3,484,056,680,855 $24,827,355,015
2006 $3,046,308,753,671 $22,022,709,851
2005 $2,893,393,187,362 $21,497,336,499
2004 $2,852,317,768,062 $21,159,827,992
2003 $2,534,715,518,349 $20,082,918,740
2002 $2,102,350,798,306 $19,152,238,806
2001 $1,966,381,496,642 $17,649,751,244
2000 $1,966,980,701,145 $17,260,364,842
1999 $2,213,873,468,587 $17,391,056,369
1998 $2,247,760,364,566 $17,247,179,006
1997 $2,218,790,886,533 $15,751,867,489
1996 $2,506,576,553,158 $13,690,217,334
1995 $2,593,053,091,306 $11,718,795,529
1994 $2,215,282,632,277 $9,599,127,050
1993 $2,078,954,217,438 $7,941,744,492
1992 $2,141,377,582,968 $5,843,579,161
1991 $1,875,792,575,133 $4,690,415,093
1990 $1,778,162,195,860 $2,838,485,354
1989 $1,404,092,925,205 $2,717,998,688
1988 $1,406,367,016,372 $3,313,540,068
1987 $1,302,932,318,825 -
1986 $1,050,092,624,516 -
1985 $735,218,723,093 -
1984 $727,767,760,979 -
1983 $773,507,930,295 -
1982 $779,421,633,755 -
1981 $803,404,797,058 -
1980 $953,772,499,462 -
1979 $884,574,218,333 -
1978 $743,182,891,918 -
1977 $602,698,323,086 -
1976 $521,658,712,133 -
1975 $492,434,094,920 -
1974 $446,934,971,657 -
1973 $399,833,571,167 -
1972 $300,899,944,795 -
1971 $250,900,942,397 -
1970 $216,629,229,947 -
1969 $177,733,486,326 -
1968 $156,527,292,653 -
1967 $145,100,667,773 -
1966 $143,304,275,684 -
1965 $134,774,688,191 -
1964 $123,330,404,665 -
1963 $112,232,503,744 -
1962 $105,895,435,234 -
1961 $96,558,204,043 -
1960 $84,619,845,881 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/germany/lebanon | CC BY

GDP per capita in Germany vs Lebanon by year

Germany
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $56,104 $73,552 - -
2023 $54,777 $71,684 $3,478 $12,575
2022 $50,507 $69,049 $3,654 $12,293
2021 $52,349 $62,531 $4,045 $11,600
2020 $47,395 $58,686 $5,561 $16,260
2019 $47,656 $59,271 $8,906 $21,710
2018 $48,916 $56,273 $9,175 $21,985
2017 $45,554 $54,110 $8,608 $20,964
2016 $42,949 $51,570 $8,089 $18,941
2015 $41,930 $48,545 $7,714 $17,046
2014 $48,960 $47,939 $7,578 $16,140
2013 $47,207 $45,889 $8,162 $16,316
2012 $44,718 $44,229 $8,407 $16,121
2011 $47,631 $43,398 $7,835 $14,975
2010 $42,397 $39,726 $7,626 $14,704
2009 $42,472 $37,574 $7,091 $13,586
2008 $46,379 $38,444 $5,912 $12,416
2007 $42,351 $36,914 $5,125 $11,356
2006 $36,980 $34,741 $4,635 $10,312
2005 $35,084 $32,314 $4,602 $10,020
2004 $34,567 $31,753 $4,601 $9,609
2003 $30,711 $30,301 $4,438 $8,914
2002 $25,487 $29,514 $4,291 $8,586
2001 $23,878 $28,674 $4,010 $8,289
2000 $23,926 $27,474 $3,987 $7,938
1999 $26,965 $26,518 $4,087 $7,793
1998 $27,396 $25,446 $4,125 $7,861
1997 $27,047 $24,649 $3,834 $7,632
1996 $30,600 $24,169 $3,393 $7,560
1995 $31,747 $23,631 $2,959 $6,796
1994 $27,202 $22,869 $2,468 $6,367
1993 $25,617 $21,900 $2,079 $5,871
1992 $26,560 $21,746 $1,559 $5,279
1991 $23,443 $21,001 $1,278 $4,527
1990 $22,386 $19,468 $790 $2,990
1989 $17,829 - $771 -
1988 $17,997 - $959 -
1987 $16,739 - - -
1986 $13,511 - - -
1985 $9,464 - - -
1984 $9,347 - - -
1983 $9,900 - - -
1982 $9,950 - - -
1981 $10,246 - - -
1980 $12,183 - - -
1979 $11,322 - - -
1978 $9,517 - - -
1977 $7,711 - - -
1976 $6,659 - - -
1975 $6,259 - - -
1974 $5,660 - - -
1973 $5,065 - - -
1972 $3,824 - - -
1971 $3,204 - - -
1970 $2,771 - - -
1969 $2,281 - - -
1968 $2,025 - - -
1967 $1,886 - - -
1966 $1,871 - - -
1965 $1,774 - - -
1964 $1,637 - - -
1963 $1,502 - - -
1962 $1,431 - - -
1961 $1,316 - - -
1960 $1,162 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/germany/lebanon | CC BY

Germany's GDP per capita is $56,104, ranking 19/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Lebanon ranks 123rd at $12,575.

Economic indicators

Germany Lebanon
Gross domestic product
$4.69T
2024
$20.1B
2023
GDP rank
3/197
2024
128/197
2023
GDP growth
-0.5%
2023-2024
-0.76%
2022-2023
GDP per capita
$56,104
2024
$3,478
2023
GDP per capita rank
19/197
2024
135/197
2023
GDP per capita, PPP
$73,552
2024
$12,575
2023
GDP per capita PPP rank
20/197
2024
123/197
2023
Government debt
$2.97T
2024
$38.7B
2023
Debt-to-GDP ratio
63.5%
2024
163.8%
2024
Government debt per person
$35,606
2024
$6,704
2023
Government debt per person rank
21/185
2024
70/185
2023
Average annual personal income after taxes
$41,775
2026
$3,560
2026
Market capitalization of domestic companies
$2.04T
2024
$10.6B
2021
Number of millionaires
2,675,000
2025
n/a
Number of billionaires
171
2025
6
2025
Income share by richest 10%
25%
2020
25.1%
2022
Income share by poorest 10%
2.9%
2020
2.8%
2022
Government expenditure, % of GDP
49.4%
2024
16.5%
2024
Consumer prices inflation
2.26%
2023-2024
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
3.37%
2024
11.3%
2019
Population
82575542
5906622

Spending and national debt comparison by year

Germany
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Germany Lebanon
Government spending Government debt Government spending Government debt
2024 49.4% 63.5% 16.5% 163.8%
2023 48.1% 62.4% 14.9% 192.8%
2022 48.6% 64.4% 13.4% 244.6%
2021 50.7% 68% 10.9% 358%
2020 51.1% 68% 23.2% 148.7%
2019 45.5% 58.7% 31.3% 172.1%
2018 44.7% 60.8% 32.3% 155.1%
2017 44.5% 64% 30.6% 150%
2016 44.7% 68.3% 28.3% 146.4%
2015 44.5% 71.2% 26.7% 140.8%
2014 44.5% 74.5% 28.8% 138.4%
2013 45.2% 77.5% 28.9% 135.4%
2012 45.1% 79.8% 30.2% 131.1%
2011 45.3% 78.5% 28.8% 134.4%
2010 48.1% 81% 29.2% 136.8%
2009 48.3% 72.4% 32.1% 144.5%
2008 44.4% 65.2% 34.3% 161.5%
2007 43.5% 63.7% 35.2% 169.3%
2006 45.3% 66.4% 36.1% 183.3%
2005 46.9% 67.1% 31.4% 178.9%
2004 47% 65% 33.3% 169.5%
2003 48.5% 63.3% 36.4% 171.3%
2002 48.2% 59.8% 36.8% 163.1%
2001 47.7% 58.1% 38.9% 163.1%
2000 48.1% 59.2% 42.8% 148.1%
1999 48.5% 60.3% 35.6% 130.2%
1998 48.3% 59.4% 34.7% 108.2%
1997 48.8% 58.8% 40.5% 100.2%
1996 49.6% 57.7% 43.6% 101.2%
1995 55.2% 54.9% 31.1% 79.6%
1994 48.3% 47.5% 47.3% 71.5%
1993 48.3% 45.1% 23% 50.5%
1992 47.4% 41.4% 36.1% 51.7%
1991 46.5% 39% 35.6% 67.1%
1990 44.7% 40.7% 40% 99.7%
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/germany/lebanon | CC BY

In 2024, Germany's government spending was $2.32T, accounting for 49.4% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 63.5% in Germany and 163.8% in Lebanon, ranking 72/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Lebanon
1x
Year Deficit/surplus, % of GDP
Germany Lebanon
2024 -2.66% -0.19%
2023 -2.49% -1.7%
2022 -1.91% -7.77%
2021 -3.17% -2.67%
2020 -4.38% -7.37%
2019 1.33% -10.5%
2018 1.88% -11.3%
2017 1.34% -8.65%
2016 1.13% -8.88%
2015 0.91% -7.48%
2014 0.73% -6.22%
2013 0.12% -8.82%
2012 -0.05% -8.43%
2011 -0.84% -5.94%
2010 -4.42% -7.47%
2009 -3.18% -8.1%
2008 -0.26% -9.86%
2007 0.15% -10.9%
2006 -1.76% -10.6%
2005 -3.37% -8.57%
2004 -3.42% -9.83%
2003 -3.83% -14%
2002 -4.09% -16.2%
2001 -3.12% -21%
2000 -1.71% -23.9%
1999 -1.87% -16.7%
1998 -2.65% -17.3%
1997 -3.03% -24.5%
1996 -3.64% -25.7%
1995 -9.44% -13.6%
1994 -2.54% -29.1%
1993 -3.11% -7.19%
1992 -2.63% -24%
1991 -3.21% -19.5%
1990 -1.94% -30.2%
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/germany/lebanon | CC BY

In 2023, Germany's government deficit, the difference between spending and revenue, was $114B, equivalent to 2.49% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 34 years, Germany recorded a fiscal deficit in 26 of those years, while Lebanon ran a deficit in 34 years. On average, Germany posted an annual deficit equal to 2.01% of GDP, compared to deficit of 13.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Germany

Lebanon
1x
Year Consumer prices inflation
Germany Lebanon
2024 2.26% 45.2%
2023 5.95% 221.3%
2022 6.87% 171.2%
2021 3.07% 154.8%
2020 0.14% 84.9%
2019 1.45% 2.9%
2018 1.73% 6.1%
2017 1.51% 4.5%
2016 0.49% -0.8%
2015 0.51% -3.8%
2014 0.91% 1.1%
2013 1.5% 5.6%
2012 2.01% 6.6%
2011 2.08% 5%
2010 1.1% 4%
2009 0.31% 1.2%
2008 2.63% 10.7%
2007 2.3% 4.1%
2006 1.58% 4.1%
2005 1.55% -1.4%
2004 1.67% 1.7%
2003 1.03% 1.3%
2002 1.42% 1.8%
2001 1.98% -0.4%
2000 1.44% -0.4%
1999 0.59% 0.2%
1998 0.91% 4.5%
1997 1.94% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/germany/lebanon | CC BY

Over the past 28 years, Germany has recorded an average annual inflation rate of 1.82%, compared with 26.6% in Lebanon. In 2024, inflation was 2.26% in Germany and 45.2% in Lebanon.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $290M
Chemicals & pharma $121M
Processed food, beverages & tobacco $43M
Textiles & consumer goods $39.1M
Raw materials & minerals $22.3M
Wood & paper products $18.3M
Metals $15.2M
Miscellaneous $13.8M
Animal & marine products $12.2M
Raw agricultural goods $3.56M
Lebanon
Export category Export value
Machinery & equipment $18.2M
Processed food, beverages & tobacco $13.5M
Raw agricultural goods $3.33M
Animal & marine products $2.83M
Textiles & consumer goods $2.65M
Metals $1.1M
Chemicals & pharma $808K
Miscellaneous $596K
Precious metals & jewellery $439K
Wood & paper products $264K

Balance of trade

Germany Lebanon
Current account balance
$270B
2024
-$5.64B
2023
Current account balance ranking
2/190
2024
168/190
2023
Current account balance, % of GDP
+5.77%
2024
-28.1%
2023
Goods imports
$1.21T
2024
$16.7B
2023
Goods exports
$1.47T
2024
$3.85B
2023
Service imports
$548B
2024
$6.63B
2023
Service exports
$470B
2024
$7.92B
2023
Imports of goods and services, % of GDP
37.7%
2024
73.7%
2023
Exports of goods and services, % of GDP
41.4%
2024
30.6%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Germany Lebanon
Economic freedom 71.7 43.1
Economic freedom ranking 30/197 183/197
Property rights 95.5 21.8
Government integrity 84.5 23.4
Judicial effectiveness 94.6 23.8
Tax burden 60.5 90.3
Government spending 28.8 93.3
Fiscal health 83.1 63.4
Business freedom 79.8 47.6
Labor freedom 52.2 48.4
Monetary freedom 72.5 0
Trade freedom 79.4 65.6
Investment freedom 60 20
Financial freedom 70 20

Economic freedom comparison by year

Germany
Lebanon
1x
Year Economic freedom index
Germany Lebanon
2026 71.7 43.1
2025 71.6 44.1
2024 72.1 48.3
2023 73.7 45.6
2022 76.1 47.3
2021 72.5 51.4
2020 73.5 51.7
2019 73.5 51.1
2018 74.2 53.2
2017 73.8 53.3
2016 74.4 59.5
2015 73.8 59.3
2014 73.4 59.4
2013 72.8 59.5
2012 71 60.1
2011 71.8 60.1
2010 71.1 59.5
2009 70.5 58.1
2008 70.6 60
2007 70.8 60.4
2006 70.8 57.5
2005 68.1 57.2
2004 69.5 56.9
2003 69.7 56.7
2002 70.4 57.1
2001 69.5 61
2000 65.7 56.1
1999 65.6 59.1
1998 64.3 59
1997 67.5 63.9
1996 69.1 63.2
1995 69.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/germany/lebanon | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Lebanon
Services, % of GDP
64%
2024
42.4%
2023
Industry, % of GDP
25.6%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
0.91%
2024
0.97%
2023
GNI, Atlas method
$4.6T
2024
$21.4B
2023
GNI per capita, PPP
$76,180
2024
$12,420
2023
Total reserves including gold
$378B
2024
$33.3B
2024
Total reserves ranking
10/177
2024
54/177
2024
Net foreign direct investment
$32.6B
2024
-$583M
2023
Net inflows of foreign direct investment
$47.6B
2024
$1.84B
2024
Net outflows of foreign direct investment
$80.2B
2024
$391M
2024
Servicing debt to the IMF, % of GNI n/a
22%
2023
Poverty at national poverty lines
14.8%
2021
27.4%
2012
Gross capital formation, % of GDP
21.5%
2024
1.9%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/germany/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.